GSA is planning to release the most anticipated document of the year so far—Multiple Award Schedule (MAS) Refresh #16. This Refresh will include SBA size standard updates, Joint Venture (JV) solicitation guidance, and a series of updates to specific Large Categories. This Refresh is expected to come out on May 15, 2023, along with a Mass Modification (Mass Mod). No matter what products or services you offer, this Refresh is applicable to you, and you should be familiar with the changes before accepting the Mass Mod. Here’s what you need to know about this upcoming change.

Throughout the life of your GSA Schedule contract, it’s expected that your business will experience changes, especially since you can hold your contract for up to 20 years. These factors all tie into how you provide discounts to your commercial and federal customers. As a contractor, you have the ability to make changes to your GSA Schedule through an update known as the Economic Price Adjustment (EPA) modification.

If your company is the manufacturer of the products you sell, it’s fairly straightforward to propose those products with your GSA schedule offer, or to add them onto your current GSA Schedule via an Addition Modification. However, if you are a reseller and are offering products that you do not manufacture, then you will need a Letter of Supply. Getting a Letter of Supply completed as soon as possible is an important step in successfully acquiring or maintaining your GSA Schedule.

Certifying as a small business is an important step for GSA contractors who qualify, and some small businesses can even go further to certify for one of the Small Business Administration’s (SBA) socioeconomic programs. This includes the Women-Owned Small Business (WOSB) and Economically Disadvantaged Women-Owned Small Business (EDWOSB) programs. This certification allows small businesses access to exclusive set-aside opportunities. Women Owned Small Businesses make up 5% of the government’s acquisition goals, and it’s important all businesses that qualify know how to certify.

With inflation rates rising and supply chains continuing to be disrupted, it may not seem like a great time to start a new business venture, but getting a General Services Administration (GSA) Multiple Award Schedule (MAS) can be valuable for businesses looking to grow their sales even in this economy.

GSA Schedules offer the opportunity for contractors to provide their products and services to federal agencies at pre-negotiated rates, making it easier for the government to acquire what it needs and for commercial companies to secure reliable contracts. However, securing a GSA Schedule is not simply a matter of filling out paperwork and submitting it to GSA. Rather, vendors must ensure they are offering fair and reasonable pricing to the government. Once this pricing is determined in the award process, contractors must maintain their established rates and report their GSA sales quarterly or monthly.